July 13, 2018
In the escalating trade dispute between the U.S. and China, the United States Trade Representative (USTR) recently announced a proposed new 10% ad valorem tariff on an additional $200 billion worth of Chinese imports. This list identifies thousands of Chinese products – including foods, consumer goods, tobacco, chemicals, coal, steel and aluminum – representing an approximate annual trade value of $200 billion.
The proposed tariffs come as part of the USTR’s Section 301 investigation into Chinese unfair trade practices, and will be in addition to the 25% tariffs the U.S. recently imposed as part of that investigation. The USTR announced the new proposal following China’s recent implementation of retaliatory tariffs on approximately $34 billion worth of U.S. exports.
The USTR is currently accepting comments from interested persons with respect to these proposed new tariffs. Written comments must be submitted by August 17, 2018. A public hearing will be held on August 20, 2018. Post-hearing rebuttal comments must be submitted by August 30, 2018. More information about how to submit comments can be found here.
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